In this paper, we solve the problem of optimal control of products diffusion by quality in a context of monopolistic competition. To do so, we introduce a dynamic demand function leaning on two hypotheses: first, price acts a signal of quality; second, demand is more sensitive to quality than to pri
Diffusion of innovations
โ Scribed by Jocelyn Lockyer
- Publisher
- John Wiley and Sons
- Year
- 1997
- Tongue
- English
- Weight
- 251 KB
- Volume
- 17
- Category
- Article
- ISSN
- 0894-1912
No coin nor oath required. For personal study only.
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